22, SURREY CLOSE, FRAMLINGHAM, WOODBRIDGE, IP13 9SJ - £136,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 SURREY CLOSE is a very small terraced house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £230,389. It was last sold for £136,000 in November 2011, which was around 12% above the average November 2011 terraced price in the East Suffolk local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

22 SURREY CLOSE Sold Prices

Land registry data shows five sales for 22 SURREY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the East Suffolk local authority area for the corresponding sale date. All of the five 22 SURREY CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 17 NOV	£136,000	£121,973	12% above HPI
2007 16 FEB	£138,500	£125,952	10% above HPI
2000 20 DEC	£65,000	£51,630	26% above HPI
1997 21 JUL	£42,500	£37,930	12% above HPI
1997 25 JUN	£42,500	£36,711	16% above HPI

22 SURREY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Suffolk local authority area over time, sourced from the HPI. The five 22 SURREY CLOSE sales between June 1997 and November 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2011 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 22 SURREY CLOSE be worth now?

22 SURREY CLOSE might now be worth an estimated £230,389.

This is based on house price inflation of 69.4%, between November 2011 and May 2026, for terraced houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.4% inflationary increase is applied to the most recent sale price for 22 SURREY CLOSE of £136,000 on 17th November 2011. For the value to have increased from £136,000 to £230,389 over the fifteen years and six months to May 2026, the following assumptions must hold true:

• The value of 22 SURREY CLOSE has moved in line with the HPI for terraced houses in the East Suffolk local authority area.
• The November 2011 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SURREY CLOSE has not materially changed since November 2011.

How Large is 22 SURREY CLOSE?

22 SURREY CLOSE is 57m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of terraced houses houses in Framlingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Framlingham, and where 22 SURREY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 22 SURREY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Framlingham.

22 SURREY CLOSE: Plot and Title Map

22 SURREY CLOSE sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 22 SURREY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 22 SURREY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 22 SURREY CLOSE?

22 SURREY CLOSE is located in FRAMLINGHAM, in the IP13 postcode district. The below map shows the position of No. 22 on SURREY CLOSE.